If we observe based on the picture I attached, the GBP/USD pair is forming a bullish pattern on the H4 time frame, so it can be said that the direction of GBP/USD movement in the future will move upwards even though currently it is still leaning...
Japanese is only on Friday in a negative territory. This follows a two -day rally that saw Yen Jump 1.9% and hit a three -month maximum. At the European meeting, USD/JPY is traded at 151.94, which is 0.39% per day. On the queue of the data, Japanese...
Adding to the bearish sentiment, crude oil has found immediate support at $70.00, a critical level that currently provides some relief and potential for a rebound. Despite temporary support, the overall trend is still negative, as shown by various...
The latest US inflation data revealed that the core gauge, which excludes volatile food and energy prices, rose 2.8%, aligning with the previous month’s reading but falling short of market expectations of 2.9%. Meanwhile, Personal Income saw a...
USDCAD USDCAD outlook: The USDCAD pair is currently experiencing a tug-of-war between the strength of the US Dollar and the Canadian Dollar's sensitivity to oil prices. The USD remains solid, bolstered by strong US economic data, while the CAD is...
